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hodyreva [135]
3 years ago
5

Colombia has an absolute advantage in producing coffee relative to the United States.

Business
1 answer:
Diano4ka-milaya [45]3 years ago
6 0

Answer:

The correct answer is letter "C": Colombia has a comparative advantage in producing coffee relative to the United States.

Explanation:

A comparative Advantage is a person, company, or country's ability to produce a good or service at a lower cost of production than its competitors. Possessing a comparative advantage does not mean that one entity is absolutely better at producing a good or service than another.

Thus, <em>Colombia has a comparative advantage in producing coffee relative to the United State because its lands and weather allows the growing of coffee crops better than in the U.S.</em>

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Countries with more independent central banks have lower inflation rates, but these have come at the expense of greater output f
andrezito [222]

Answer:

False

Explanation:

Countries with more independent central banks have lower inflation rates, but these have come at the expense of greater output fluctuations is a false statement as we know that, an independent Central Bank could have higher credibility. If somebody has a higher conviction in the Central Bank, this accommodates to subdue inflationary expectations. Indeed, this causes inflation more accessible to keep lowering.

4 0
3 years ago
Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purcha
bearhunter [10]

Answer: $600F

Explanation:

Given the following :

standard unit price - $1.80

actual purchase price per unit - $1.65

actual quantity purchased - 4,000

units actual quantity used - 3,900

units standard quantity allowed for actual production - 3,800 units

Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased

($1.65 - $1.80) × 4000

( $0.15) × 4000

$600F (Favorable) because standard price is higher than actual price

6 0
3 years ago
Sunset Resort, a successful 100-year-old hotel and resort, entered into a co-marketing arrangement with Sleepytime Hotels, a fiv
professor190 [17]

Answer:

Yes its true that both companies are strategic allies.

Explanation:

In strategic alliance, two companies work together to achieve their combined objectives. For example if we talk about Sony Ericson K510i cellphone, it was one of best selling cell phones at its time because two companies Sony and Ericson worked together to increase their sales and earn profit. One of these had display and camera capabilities and the other had cellphone designs, etc. These were the things that made the product differentiated from the rest of the cellphones and we see that both companies earned a lot from it.

3 0
3 years ago
The Italian Bread Company purchased land as a factory site for $70,000. An old building on the property was demolished, and cons
Monica [59]

Answer:

Land $80,900

Building $643,000

Explanation

Land

Demolition of old building $9,000

Sale of salvaged materials (1,100)

Legal fees (for title investigation of land) 3,000

Purchase price of land $70,000

Total $80,900

Building

Architect fees (for new building) 20,000

Building construction cost 600,000

Interest cost related to the construction 23,000

Total $643,000

7 0
3 years ago
The following data are for the two products produced by Tadros Company.
BaLLatris [955]
Yes there should be more answer
3 0
4 years ago
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